Liberia

Country profiles
Country profiles

Liberia

  • Corporate Tax Haven Index ranking: 57
  • Financial Secrecy Index ranking: 111
  • Tax loss each year to tax havens: $193,892,151
  • Tax loss inflicted on other countries: $585,953,002

Country profile

Tax abuse losses

$193,892,151

lost in tax every year to global tax abuse

$0

lost to tax avoidance committed by multinational corporations

$193,892,151

lost to tax evasion committed by private individuals

  • Equivalent to 52.67% tax revenue (tax revenue in 2020 : $368,120,225 trillion)
  • Equivalent to loss of $41 per member of population (Population: 4,677,509.75)
  • Greater than Global Average tax revenue Loss 2.61%
  • Greater than Regional Average tax revenue Loss 6.96%

Global Rankings

Corporate Tax Haven Index 2019
#57

Global Rank (First is Worst)

48.96/100

Haven Score (100 is Worst)

0.19%

Share of global tax havenry

Financial Secrecy Index 2020
#111

Global Rank (First is Worst)

78.24/100

Haven Score (100 is Worst)

0.23%

Share of global tax secrecy

Harm to other countries

$585,953,002

in tax lost by other countries

$53,505,248

by enabling corporate tax avoidance

$532,447,754

by enabling private tax evasion

Responsible for 0.14% of global tax losses
Inflicted tax loss equivalent to yearly salaries of
46,453 nurses

Social impact of lost tax

Tax loss equivalent to 595.37% of health budget
Tax loss equivalent to 284.85% of education spendings
Suffered tax loss equivalent to paying yearly salaries of
143,675 nurses

Vulnerability to illicit financial flows

Most Vulnerable via Outward FDI
Vulnerable Score for this channel is 80.00 / 100
(100 is Worst)

Trading partners most responsible for vulnerability

China (38.3%)
Hong Kong (38.0%)
Luxembourg (9.3%)

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